Definicja contract account (IS-T)

Account which stores customer settlement data (customer = account holder).

A separate account of open items is kept for each contract account in the IS-T/RM-CA component (contract accounts receivable and payable).

Among other things control data specific to RM-CA such as payment method, payment conditions and dunning procedures are stored in the contract account.

It is possible to combine several accounts into a single collective bill account.